Post
Topic
Board Altcoin Discussion
Re: Real fact behind crypto ban in Nigeria
by
marcbitcoins
on 09/02/2021, 13:25:59 UTC
Finally CBN gives the main reason why they put ban on crypto in Nigeria, the fact is there are many bad eggs among the good eggs, online romance scammers are now using bitcoin as their benefactor to cashing out money easily with no traces, read news here

https://www.arise.tv/how-fbi-alerted-nigerias-central-bank-to-scammers-using-cryptocurrencies-to-defraud-the-west/


Assuming that Nigeria doesn't know about these scams. Is it possible that they will not ban cryptocurrency if the FBI does not send an alert to the government that lots of scam US dollars have entered Nigeria through cryptocurrency? We all know how much the US dollars also help countries to grow their economies. Here in our country, the US dollar remittances help our economy a lot that if $200 million comes every week it is already a big help to the people.